Western Financial Group and CLAC have partnered together to bring CLAC Mobile Welding Contractors an exclusive Commercial General Liability Insurance program. Western has a dedicated team of insurance experts to advise and meet the needs of CLAC members.
Program Benefits
This exclusive insurance program features benefits not available with any other carrier:
- Suspension of Coverage option available when you are not working to get a refund on your liability premiums
- Renewal bonus discount available as long as you are claims-free in prior term, and did not take advantage of our unique Suspension of Coverage option
- Flexible Premium Finance options at a low rate of 2.9%
- Reduction of Minimum Retained Premiums for short term policies and early cancellations
- Waiver of Subrogation included
2016 – 2017 Renewal Terms
Commercial General Liability:
- $5,000,000 of CGL Coverage
- $1,000,000 of Forest Fire Fighting Expense Coverage
- $1,000,000 of Limited Pollution Coverage
Property Coverage:
- $10,000 Contractors Equipment Floater
- Replacement Cost on all Equipment and Tools Five Years Old or Less
- $5,000 Tool Coverage (Maximum $1,500 per item)
- $5,000 Business Contents (Including signs and electronic data processing)
- $250,000 for Newly Acquired Equipment for 60 Days
- $10,000 Rental Reimbursement Coverage for Contractor’s Equipment and Tools (no number of days limit)
- $10,000 Installation Floater
- Rental Income (actual loss sustained)
- $100,000 Accounts Receivable
- $50,000 Extra Expense Coverage
- $50,000 Valuable Papers and Records
- $150,000 Professional Fees
- $5,000 Equipment Breakdown
- $5,000 3D Crime Coverage
- Ice and Muskeg Coverage
- 19 new coverage extensions
